The round also facilitated the exit of some early investors.

Hybrid healthcare—combining digital access with physical infrastructure—holds potential.

Source Code Capital, the venture capital (VC) firm behind ByteDance and Meituan, has raised $600 million for its dual-currency growth funds to focus on thematic opportunities around China’s artificial ...

WeRide and Grab have secured approval to test the full Ai.R autonomous vehicle fleet in Punggol, while ADIO and DiDi Autonomous Driving are partnering to accelerate smart mobility in the Middle East.

Indonesia-based VC firm East Ventures is preparing to raise a new fund, East Ventures 10 LP, according to its filing with the US Securities and Exchange Commission. The total amount intended to be ...

Angelini Ventures, the corporate venture arm of Italy’s family-owned Angelini Industries, has officially launched its first Asian office in Singapore’s CBD, according to a company statement. The ...

Grab Holdings and Indonesia’s GoTo Group are reportedly considering granting a “golden share” to Indonesia’s sovereign wealth fund Danantara as they seek government backing for a potential merger.

This web version of the DATA VANTAGE twice-weekly premium newsletter is available only to our premium subscribers. Unlock access by picking up any of our premium subscription plans.

PE fundraising in China stood at only $3.6 billion as of June this year, compared to $23.6 billion a year earlier.

Sellers include major Japanese corporations and financial groups.

Monolith Management has reached the final closes of its second US dollar fund and maiden Chinese yuan fund, with total commitments to the two new vehicles reaching $488 million, the China-focused ...